$520,000
●
House -
Off Market
1729 Rees Rd
San Marcos, CA 92069
3 Beds
2 Baths
1,176 Ft²
$804,974
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Entertaining offers between $524k - $549k. Move right into this
charming three bedroom home in the Knob Hill area of San Marcos.
Laminate & tile flooring throughout. Fully landscaped; decomposed
granite with low maintenance, drought tolerant gardens. Very large
lot that offers privacy with endless possibilities! Spacious
patio area for entertaining. Newer Furnace, windows & A/C. No HOA
or Mello roos! The City of San Marcos has so much to offer
including CSUSM, Palomar College, Restaurant Row...
continued...Lake San Marcos, Equestrian Center, Discovery
Lake, Double Peak, Grand Plaza and much more. There are countless
walking & hiking trails, community parks, and fantastic schools..
Neighborhoods: Greenbrier Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,176 Ft²
Days on Market
53 days
Land Size
0.25 acres
Price per sqft
$467
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #190034883)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2019 | Sold | ||
| Sold | |||
| Jun 23, 2019 | Listed by Coldwell Banker Realty | $549,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Sold On
Sold On
HOA + Taxes
About San Marcos
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Listed by: Jodi Ross, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190034883
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190034883
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